Jamieson Wellness Inc JWEL JWLLF price target has been raised to C$46 from C$39 by RBC Capital analyst Sabahat Khan.
The analyst maintained the Outperform rating on the shares.
Jamieson Wellness signed a definitive agreement to acquire Nutrawise Health and Beauty Corp, owner of the youtheory brand.
Khan states that the recently announced acquisition of Nutrawise is favorable.
The acquisition provides Jamieson with a growth platform into the U.S. VMS market at an attractive price, mentions the analyst.
Price Action: JWEL shares are trading lower by 1.40% at C$37.96 on TSX on the last check Friday.
Photo Via Company
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
